Gold, silver, platinum and palladium that you hold as investments are generally reported in Box 3 under ‘other assets’. You state the value of your precious metals on 1 January at 00:00 of the tax year for which you are filing a tax return. This is the reference date.

You should use the fair market value. This is generally the sale value of the precious metals on the reference date. The original purchase price is not decisive. To determine the value, you can use our price overviews for gold, silver, platinum and palladium.

Have you stored your own bars or coins with Holland Gold Safe, or do you hold physical precious metals via our precious metals account? You can then download an annual overview.

Via the website:
Log in and go to ‘Financial overviews’.

Via the app:
Go to the person icon and then select ‘Financial overviews’.

Price overviews as at 1 January

Here you will find our price overviews for gold, silver, platinum and palladium on the reference date of the relevant tax year.

Do I always pay tax on my precious metals?

Whether you actually pay tax depends on your total assets in Box 3. This includes your savings, investments and other assets, among other things. Box 3 has a tax-free allowance on which you do not have to pay tax.

You are responsible for filing a correct and timely tax return. If you are unsure about your personal situation, consult a tax adviser. Our price overviews have been compiled with care, but no rights can be derived from them.

Business

Have you purchased the precious metals as a business, or do they form part of your business assets or your company’s inventory? Different tax rules may apply, including for recognition on the balance sheet. Therefore, consult your bookkeeper, accountant or tax adviser to determine how you should process the precious metals in your records and tax return.